Annual Return Filing

All registered taxable persons are required to furnish an Annual Return for every
financial year, electronically, in Form GSTR-9. A registered taxable person
opting to pay tax under the composition scheme is required to file the annual return
in Form GSTR-9A. However, the below mentioned registered taxable persons are
not required to file an Annual Return :-

Input Service Distributor

Person liable to deduct tax at source as per Section 51 (for the purpose of TDS)

Person liable to collect tax at source as per Section 52 (for the purpose of TCS)

Casual taxable person

Non-resident taxable person

Such returns should be furnished on or before 31st December of the following the end
of financial year.

If the turnover of the registered taxable person exceeds Rs. Two crore, then the
Annual Return is required to be audited by a Chartered Accountant or Cost
Accountant. Further, they also have to submit reconciliation statement in Form
GSTR-9B. If the turnover does not exceed Rs. Two crore, the registered taxable
person can himself compile the details in Form GSTR-9 and submit the return.

Any registered taxable person whose registration has been cancelled is required to
file Final return in Form GSTR -10. The return has to be filed within three months
from the date of cancellation or date of order of cancellation, whichever is earlier

If the registered taxable person fails to furnish the return in Form GSTR-3 or GSTR-4
or GSTR-5 or GSTR -6 or GSTR-7 or or Final return in Form GSTR-10, the
department will issue a notice in Form GSTR-3A asking the registered taxable
person to furnish the particular return within 15 days.

Where any return except Annual return, is filed belatedly, the registered taxable
person shall be liable to pay a late fee of one hundred rupees for each day of delay
subject to a maximum of five thousand rupees.